Legal Question in Real Estate Law in California

Day Trading Capital Gains

I have made a substatial amount day trading stocks (buy and sell same day). I was just curious how much I will be taxed on my capital gains? My job income and capital gains total to $90,000. Would I be able to avoid taxation by using my gains to purchase real estate?


Asked on 2/08/09, 8:28 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Day Trading Capital Gains

Congratulations on your success in day trading, but that's taxable same as ordinary income.

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Answered on 2/08/09, 8:52 pm


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